About Evergrande
Evergrande is a company based in Shenzhen (China) founded in 1996 by Xu Jiayin.. The company has 129,534 employees as of June 30, 2018. Evergrande has completed 4 acquisitions, including CENAT New Energy, CENAT New Energy Group and China Calxon Group. Evergrande offers products and services including Real Estate Development and Electric Vehicle Manufacturing.
- Headquarter Shenzhen, China
- Employees 129534 as on 30 Jun, 2018
- Founders Xu Jiayin
- Stage Public
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Social
*********
- Legal Name China Evergrande Group
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$500 M (USD), Post-IPO
Aug 14, 2023
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Investors
Didi
& 4 more
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Employee Count
129534
as on Jun 30, 2018
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Investments & Acquisitions
CENAT New Energy
& 3 more
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Products & Services of Evergrande
Evergrande offers a comprehensive portfolio of products and services, including Real Estate Development and Electric Vehicle Manufacturing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Real estate projects are developed and managed across multiple regions in China
Electric vehicles are produced and prepared for market delivery under the Hengda Auto brand
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Funding Insights of Evergrande
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $500.0M
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First Round
First Round
(15 Sep 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Post-IPO - Evergrande | Valuation |
investors |
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| Nov, 2021 | Amount | Post-IPO - Evergrande | Valuation |
investors |
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| Mar, 2021 | Amount | Post-IPO - Evergrande | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Evergrande
Evergrande has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Didi, Tencent and NWTN. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments are managed by Yunfeng Capital in China.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Value-added internet, mobile, and telecom services are provided in China.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Evergrande
Evergrande has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CENAT New Energy, CENAT New Energy Group and China Calxon Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Electric autonomous cars are manufactured for urban mobility needs.
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2012 | ||||
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Lithium-ion batteries are manufactured for new energy applications.
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2010 | ||||
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Ternary lithium-ion batteries are manufactured for automobiles.
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2010 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Evergrande
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Evergrande Comparisons
Competitors of Evergrande
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Evergrande
When was Evergrande founded?
Evergrande was founded in 1996 and raised its 1st funding round 24 years after it was founded.
Where is Evergrande located?
Evergrande is headquartered in Shenzhen, China. It is registered at Shenzhen, Guangdong, China.
How many employees does Evergrande have?
As of Jun 30, 2018, the latest employee count at Evergrande is 129,534.
What does Evergrande do?
Evergrande was founded in 1996 in Shenzhen, China, and operates within the real estate sector. Properties are constructed and marketed to individual and corporate buyers as the primary focus. Operations are centered in China, with annual revenues of 70.4 billion and net profit of 2.45 billion recorded in 2021. The company is headquartered in Shenzhen, supporting development projects across various regions.
What products or services does Evergrande offer?
Evergrande offers Real Estate Development and Electric Vehicle Manufacturing.
How many acquisitions has Evergrande made?
Evergrande has made 4 acquisitions, including CENAT New Energy, CENAT New Energy Group, and China Calxon Group.
Who are Evergrande's investors?
Evergrande has 5 investors. Key investors include Didi, Tencent, NWTN, Sequoia Capital, and Yunfeng Capital.
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